Which of the Following Assets Would Not Be Classified as Hot

question 53

Multiple Choice

Which of the following assets would not be classified as hot assets?

• A) Inventory.
• B) Depreciation recapture.
• C) Cash.
• D) Accounts receivable for a cash method taxpayer.

---

Definitions:

New Jobs

Employment positions created within the economy that did not previously exist, contributing to workforce expansion.

Technological Change

The rate and direction of innovations and improvements in technology that affect productivity and economic growth.

Cluster

A group of similar things or people positioned or occurring closely together.

Musicians

Individuals skilled in playing musical instruments, singing, or composing music.